Share price of Voltas falls as Nifty strengthens

Shares of Ltd. slipped 1.82 per cent to Rs 1006.15 in Tuesday's trade as of 01:46PM (IST).

The stock hit a high price of Rs 1028.0 and low of Rs 1004.95 during the session.

The return on equity (ROE) for the stock stood at 10.51 per cent. Traded volume on the counter stood at 01:46PM shares and turnover at Rs 3.75 crore around that time.

The stock of Voltas Ltd. quoted a 52-week high and 52-week low prices of Rs 1131.2 and Rs 585.75, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.17.

Promotor/FII Holding
Promoters held 30.3 per cent stake in the company as of 30-Jun-2021, while overseas investors held 17.24 per cent and domestic institutional investors had 33.87 per cent.

Key Financials
The company reported consolidated sales of Rs 1860.17 crore for the quarter ended 30-Jun-2021, down 30.67 per cent from previous quarter's Rs 2683.24 crore and down 36.34 per cent from the year-ago quarter's Rs 1364.34 crore.

Net profit after tax for the latest quarter stood at Rs 121.8 crore, up 50.09 per cent from the same quarter a year ago.